Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital Management. Everest Insurance International Wholesale & Specialty (IW&S) is part of a global group. IW&S consists of Everest Syndicate 2786, Everest Insurance (Ireland) DAC (EIID), and Everest Insurance Singapore (EIS). It is an exciting time and an excellent opportunity to join IW&S as the business focuses on investing and growing its wholesale and specialty book, investing in teams and systems under a global strategy. The Actuarial Function is instrumental in supporting and influencing the business and longer-term ambitions, with significant focus and wider Group collaboration in establishing a best-in-class actuarial set up.The way IW&S is structured provides ample opportunity to make a tangible impact on the day-to-day and future direction of the actuarial department, and personally play a critical role in its strategy, establishing and growing the IW&S actuarial capabilities and business partnering.Purpose of the roleTo provide high-quality actuarial pricing insight to support underwriting of structured, multi-line and portfolio insurance solutions. The role focuses on rigorous deal-level pricing, portfolio impact assessment and ongoing performance monitoring, ensuring underwriting decisions are supported by robust analytics and aligned with overall portfolio profitability. Contribute and lead on certain aspects of the pricing transformation program to ensure raters, data enrichment, MI and insights are best in class.Key responsibilitiesActuarial pricing & deal evaluationProvide actuarial pricing analysis for new and renewal portfolio and structured deals, including delegated and follow-line business.Risk selection, Contract structure, Coverage terms, Pricing adequacy Portfolio monitoring & performance analysisDevelop and maintain monitoring and tracking processes to assess:Segment-level and portfolio-level profitabilityEmerging trends and experience divergenceRate adequacy and market movementsSupport periodic portfolio reviews, producing objective, data-driven conclusions and recommendations for underwriting or strategic action.Evaluate the impact of market conditions, rate change and underwriting behaviour on portfolio performance.Actuarial control cycle & business planningMaintain strong feedback loops between Pricing, Reserving, Capital modelling, Business planningInput into business planning processes, including:Loss ratio selections, Portfolio assumptionsAssessment of reinsurance structures and recoverability, where appropriateSupport exposure management by analysing accumulation, diversification and systemic risk drivers.Business partnering & communicationWork closely with EPS underwriters to:Understand deal intent and risk driversTranslate actuarial outputs into practical underwriting insightCommunicate complex technical findings clearly to non-technical stakeholders.Collaborate with data, systems and analytics teams to enhance Pricing tools , Data quality and Analytical output and automationParticipate in broker and client meetingsIdentify opportunities to influence pricing strategy by utilizing portfolio datasets into rater benchmarking and segmentation analysisSkills & experienceRequiredFellow of a recognised actuarial body (or equivalent experience with strong exam progression).Proven experience delivering hands-on actuarial pricing analysis for complex or non-standard risks.Ability to build strong working relationships with peers, management and different business functions.Proficient in Excel, VBA, SQL (with either R or Python skills desirable) and an ability to create pricing tools to support day to day underwriting workflow.Ability to work under own initiative and show flexibility to meet business needs.Portfolio or follow-line capacity arrangementsStructured or multi-line insurance solutionsDelegated authority / MGA businessFamiliarity with exposure management and aggregation risk concepts.Front-line actuarial role working closely with underwriters.Focused on technical excellence, analytical depth and insightOperates across deal-level pricing and portfolio-level performance assessment.At Everest we are dedicated to building an inclusive and authentic workplace. Please let us know if you need any accommodations throughout the application or interview process.We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Inclusion and Belonging.This includes day to day interactions with fellow colleagues, and the global communities we serve. com)SummaryLocation: LondonType: Full time
Actuary / Senior Actuary in London employer: Everest Re Group,
Everest Advisors is an exceptional employer, offering a dynamic and inclusive work environment that prioritises employee development and community impact. With a strong commitment to innovation and collaboration, employees have the opportunity to engage in strategic projects that drive growth and create sustainable value. Located in London, a global financial hub, team members benefit from a vibrant culture and access to diverse professional networks, making it an ideal place for meaningful and rewarding careers.
